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When the market hits an air pocket is often a good time to buy stocks. Getty When the market hits an air pocket, it is hard to buy stocks because of the fear in the air. But it’s times like this when stocks are cheapest because the fear has taken the optimism out of prices.

From the outset, 2019 looked like it might be “The Year Of Retirement Reform” for Congress. Last year closed out with a number of retirement bills making real headway through DC, committees, think tanks and lobbyists, and we’ve been poised for major legislation to emerge. And now we have the first real movement of the

A beautiful beach house in Miami. Kobi Karp Architecture and Interior Design The start of summer means the beginning of outdoor living. But, that doesn’t mean you can’t live the outdoor life all year round. According to award-winning architect, Kobi Karp, founder and principal of Kobi Karp Architecture and Interior Design, one of the biggest trends in

Jamison Crowell is the executive director of the DC Area Trans-Masculine Society, Friday, March 15, 2019, in Washington, DC. Jahi Chikwendiu | The Washington Post | Getty Images The Trump administration on Friday rolled back health-care protections for transgender people by ending an Obama-era policy that prohibited health providers from discriminating against patients based on

Shares of Foot Locker tumbled in early trading Friday on weak profit and revenue numbers. The shoe retailer also cut its outlook for the year. Foot Locker now expects full-year earnings per share to be up by high-single digits, a more reserved outlook than the double digit increase it had forecast earlier. The company cited

Facebook CEO Mark Zuckerberg has held talks with his old rivals the Winklevoss twins as the social media giant plans to launch its own cryptocurrency, the Financial Times reported Thursday. Facebook has held talks with the cryptocurrency exchanges Gemini, which was founded by the Winklevoss twins, and Coinbase, the report said, citing sources. The company

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the opening bell, May 8, 2019 in New York City. Drew Angerer | Getty Images One of the biggest Chinese chipmakers is delisting from the New York Stock Exchange amid the trade war, but the company said the

With auto sales slowing, car shoppers are likely to find dealerships eager to move inventory over the Memorial Day weekend. While the holiday always marks a big sales push, this year it comes as cars are sitting on dealer lots longer before getting sold. The average in April was 75 days, about 6% higher than

Each year the trustees of Social Security issue a report on Social Security’s financial condition to Congress and the public. The 2019 report came out a few weeks ago, and you can find the 2019 report here. The report sparks and lot of headlines and discussion about the fate of the program and those who

Getty The House passed the SECURE Act before Memorial Day weekend, with a 417-3 vote, moving the fate of the biggest changes to retirement policy since 2006 to the Senate which plans to take up its version of the bill after the holiday. There’s good news for part-timers, new parents, older workers and employees at

Before you invest a penny in a new real estate transaction, you should know what your exit strategy is, or at least you should be fully informed about your options and have a plan. This idea may sound a little odd, especially to people who are new to investing, but you can’t make a smart

Prime Minister of Australia Julia Gillard with former Prime Minister Kevin Rudd in the background. Getty Images Australia would not want to take sides in the ongoing trade war between the U.S. or China, said former Australian prime minister Julia Gillard on Friday. Asked which side Australia would take if forced to choose between Washington

Investors rushed into the safety of bonds Thursday and dumped stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected. The moves in the bond market were dramatic, with the 10-year Treasury yield dropping about 8 basis points in its biggest one-day move since April 1.

David Tepper, Appaloosa Management Peter Foley/Bloomberg | Getty Images Hedge fund manager David Tepper is planning on returning Appaloosa Management’s capital to investors and converting it to a family office. No timetable has been set on returning the money however, a source close to Tepper’s office said. The shift would represent a new era for

A woman enters an All American Check Cashing location in Brandon, Miss., May 12, 2017. Rogelio V. Solis | AP Many Americans describe their situation as financially stable, but economic fragility is persistent across the U.S., especially related to income level, educational attainment, and ethnicity and race. An unexpected expense of $400 can force more

Retirement Researcher Dealing with the Reverse-Mortgage Loan-Servicing Companies The one area of complaints in the Consumer Financial Protection Bureau report that readers should remain wary about relates to loan servicing. Consumers have complained that servicers can make it difficult to coordinate repayment, may act as if property taxes and other homeowner obligations have not been

Captive Insurance jda I’ve previously written about the attempt by captive manager CIC Services, LLC, and accounting firm Ryan, LLC, to stop the application of IRS Notice 2016-66 because that Notice would have the effect of warning CIC’s and Ryan’s clients that they might have been involved in abusive tax shelters through their participation in

Occupying a prominent corner on Main Street, Stockbridge’s Red Lion Inn features a wide front porch that is a favorite spot to see and be seen. Red Lion Inn The founding date of the venerable inn in Stockbridge, Massachusetts is likely 1773, when Silas Pepoon established a small tavern here, under the sign of the

CNBC’s Jim Cramer said Thursday that Chinese and American leaders have little incentive to make a trade deal, and that Wall Street is adjusting to its new normal. Traders are realizing that there will be no good news on U.S.-China trade relations in the near future, and the negative news is beginning to bake into